Quarterly report pursuant to Section 13 or 15(d)

Financing Costs, Net

v3.21.2
Financing Costs, Net
3 Months Ended
Nov. 30, 2020
Financing Costs Net [Abstract]  
FINANCING COSTS, NET
20. FINANCING COSTS, NET

Financing costs, net, consists of the following:


    Three months ended
November 30,
2020
    Three months ended November 30,
2019
 
             
Interest expense on borrowings   $ 287,639     $ 143,308  
Amortization of debt discount     333,748       353,095  
      -       12,891  
    $ 621,387     $ 509,294